RenCap hires Nomura's Shambayati to co-lead global markets

By Andrei Skvarsky.

Moscow-based Renaissance Capital has hired Soroosh Shambayati as managing director and global co-head of markets from Japan’s Nomura.

Shambayati will have responsibility for fixed income, currency and commodities (FICC) in Rencap’s key geographies of Russia, the CIS, Central and Eastern Europe (CEE), Asia and Africa.

At Nomura, he had been chairman of global emerging markets. Prior to that, he worked as Head of Emerging Markets, Europe, at Lehman Brothers and as Global Head of Emerging Markets Credit Derivatives at Citigroup.

At Renaissance, Shambayati will work alongside Nick Andrews, global co-head of markets.

His appointment follows as string of hires at RenCap as the brokerage continues its aggressive expansion into new African, Asian and Middle East markets.

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